Even the few media analysts who grasp the trend underestimate the wealth and health of the old and see them mainly as a burden to the young.

Still, both auto makers and analysts vastly underestimated how damaging the last economic downturn, and competition from abroad, could be for Detroit.

Conservative analysts and the government underestimated the movement, but the Chilean population saw in the protests an opportunity to demand radical changes.

And Mr. Thompson added that analysts have recently underestimated actual earnings by around 3 percent.

At the peak of the economic boom and the stock market bubble, White House and congressional analysts wildly underestimated the tax revenues.

It was the only year since 1980 that analysts, as a group, underestimated a year's corporate profits at the beginning of the year.

His forecast implies a higher price, but he added that many analysts underestimate the long-term capacity of countries facing higher prices to use less.

But it seems curious that given how bad things are, analysts should be consistently underestimating things like jobless claims and the drop in retail sales.

It is now evident that analysts at those institutions grossly underestimated the strength of corporate earnings.

Many analysts underestimated how long it would take to make repairs and get oil flowing again.